Spanish Authorities Dismantle Alleged €260M Ponzi Scheme

TLDR The Madeira Invest Club lured 3,000+ investors with false luxury asset and crypto investment promises. Operated via shell firms across 10+ nations, including the UK, US, Malaysia, Portugal, and Hong Kong. No real investments existed; returns to old investors came from new members, a classic Ponzi structure. Europol and agencies in the U.S., Asia, [...]

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